Cato Corp
CATO
157 hedge funds and large institutions have $420M invested in Cato Corp in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 61 increasing their positions, 51 reducing their positions, and 24 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 51
1% more ownership
Funds ownership: 86.12% → 87.11% (+1%)
3% less funds holding
Funds holding: 162 → 157 (-5)
14% less capital invested
Capital invested by funds: $489M → $420M (-$69.3M)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
43% less call options, than puts
Call options by funds: $603K | Put options by funds: $1.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.56M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.54M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.38M |
| 4 |
Morgan Stanley
New York
|
+$4.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.5M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$9.31M |
| 3 |
Man Group
London,
United Kingdom
|
-$4.46M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.15M |
| 5 |
Millennium Management
New York
|
-$1.91M |
CATO Hedge Fund Activity: Q3 2018 in Review
157 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q3 2018, worth a combined $420M — down 14% from $489M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CATO and 20 opened new positions — a net loss of 4 holders — while 51 trimmed existing stakes and 61 added.
The largest buyer was Acadian Asset Management, adding an estimated $6.56M. The largest seller was Wellington Management Group, cutting an estimated $10.5M.
- 157 institutional investors held Cato Corp (CATO) as of Q3 2018, down from 162 in Q2 2018.
- Funds reported $420M of Cato Corp stock for Q3 2018, down 14% quarter-over-quarter.
- 20 funds opened new Cato Corp positions in Q3 2018 and 24 closed out, a net change of -4 holders.
- The largest Cato Corp buyer in Q3 2018 was Acadian Asset Management, an estimated $6.56M added.
- The largest Cato Corp seller in Q3 2018 was Wellington Management Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2018.